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Aug 10, 2018 6:22 AM ET

Global Trend Shows Data Monetization Market to Reach US$ 71900 Million By 2023

iCrowdNewswire - Aug 10, 2018

Over the next five years, the research study projects that Data Monetization will register a 54.0% CAGR in terms of revenue, reach US$ 4350 million by 2023, from US$ 330 million in 2017.

Data Monetization is primarily split into: On-Premises and Cloud. And On-Premises are the most widely used type which takes up about 67.77% of the global market in 2016.

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United States is the largest sales region of Data Monetization in the world in the past few years. United States market took up about 41.26% the global market in 2016, while EU was 26.95%.

Through the data generated by cloud, big data and mobile tools, enterprises can effectively see changes in the market, demographic changes, market behaviors and patterns. And accordingly change the enterprise’s asset portfolio, adjust the marketing strategy.

Accenture, IBM, SAS, Infosys, Viavi Solutions and Adastra are the key suppliers in the global Data Monetization market. Top 3 took up about 44% of the global data monetization market in 2016.

This report presents a comprehensive overview, data monetization market shares and growth opportunities of Data Monetization market by product type, application, key companies and key regions.

To calculate the data monetization market size, the research study considers value generated from the sales of the following segments. The segmentation by product type are On-Premises and Cloud. Also, the segmentation by application are Telecom, Finance & Banking, E-Commerce & Retail, Network & Software, Manufacturing and Others.

The data monetization market research report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report such as Accenture, Viavi Solutions, Infosys, SAP, Adastra, Mahindra Comviva, Alepo, EMC, ALC, Redknee, SAS, Monetize Solutions, Reltio, IBM, Teradata, CellOS Software, Altruist India/Connectiva, Samsung ARTIK, 1010DATA and Dawex Systems.

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Related Report:

Global Data Acquisition (DAQ) System Market Professional Survey Report 2018

This report studies the global Data Acquisition (DAQ) System market status and forecast, categorizes the global Data Acquisition (DAQ) System market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

The major manufacturers covered in this report ABB Ltd., Schneider Electric, Honeywell International, Siemens AG, Rockwell Automation, Yokogawa Electric Co., Emerson Eletric Co., General Electric, Omron, Agilent Technologies, Advantech, Campbel Scientific, Data Translation and MathWorks.

Read More: https://www.researchbeam.com/global-data-acquisition-daq-system-professional-survey-report-2018-market?utm_source=RR-ICR&utm_medium=CC

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